Zimmer Biomet Officer Chad F. Phipps Files Form 144 to Sell $295K in Common Stock

Executive Summary

On September 4, 2026, Chad F. Phipps, an Officer at Zimmer Biomet Holdings, Inc. ($ZBH), filed a Form 144 notice of proposed sale covering 3,000 shares of common stock with an estimated aggregate market value of $295,050.30 (approx. $98.35 per share).

Transaction Details

• Securities to be Sold: 3,000 Common Shares
• Broker: Fidelity Brokerage Services LLC
• Aggregate Market Value: $295,050.30
• Approximate Sale Date: September 4, 2026
• Source of Shares: The shares to be sold originated from a series of dividend reinvestments (between 2019 and 2023) and restricted stock vestings awarded as executive compensation (1,145 shares on 02/26/2020, 204 shares on 02/26/2021, and 985 shares on 02/25/2024).

Market Impact & Trading Significance

• Significance Level: Low
• Dilution / Float Context: The 3,000 shares represent less than 0.002% of the issuer's 190,737,689 shares outstanding.
• Historical Activity: The filer reported no other securities sold during the past three months. The transaction appears to be a routine monetization of vested equity compensation and accumulated dividend shares.